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Shrek

  • Posts: 3931
Re: when this is over, what future plans regarding YOUR buisness?
« Reply #40 on: April 03, 2020, 05:26:19 pm »
I will own it after 5 yrs mate....I'm gonna sell it to my missus then buy it back....itll have 15k on the clock by then with many more years of life left in it..👍

I understand it’s a new van but it doesn’t cost you £215 a month mate

yes it does!why would i make it up?its a 5 year business finance lease.....at the end of the contract i sell it to my girlfriend for £7k and pay the balloon then buy it back off my girlfriend then i own it...yes it will have cost me over £20k overall but it will  do me for at least another 5 years...

Like I say divide it up how you want (no deposit,  5k deposit, 10k deposit or whatever you choose) , 21500 over 5 years is £4300 a year.... ballon payment is the same as taking a chunk out your savings at the beginning and buying it outright